Aecon Group (TSE:ARE) has had a great run on the share market with its stock up by a significant 22% over the last...
TORONTO — Aecon Group Inc. reported a loss of $6.1 million in its first quarter, compared with a loss of $9.4 million a year earlier. The Toronto-based company says revenue for the quarter ended March 31 totalled $846.6 million, down from $1.1 billion during the same quarter last year. Diluted loss per share was 10 cents, compared with 15 cents a year ago. President and CEO Jean-Louis Servranckx says the company is focused on achieving improved profitability and margin predictability. He says th
TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today reported results for the first quarter of 2024. “With backlog of $6.3 billion, a strong bid pipeline, and recurring revenue programs continuing to see robust demand, Aecon is focused on achieving improved profitability and margin predictability, and believes it is positioned to achieve further revenue growth over the next few years,” said Jean-Louis Servranckx, President and Chief Executive O